Don't worry about Elon Musk's Routine Entrepreneur |
- Don't worry about Elon Musk's Routine
- Where do I start if I’m nontechnical?
- UPDATE: Ideas on using my speaking voice to make money. Here is my voice recording - feedback please?
- Should I major in Accounting?
- We are looking to sponsor a B2B marketing newsletter. Any suggestions?
- Should I be looking for a marketer or a salesperson for my business? And how do I go about finding a good one?
- I have an idea for an employee payment system for employers
- Entrepreneurs who have used Groupon for their business, what was it like? Good/bad experience? Was it worth it or did it devalue your business?
- Here’s my business idea – please rate it.
- How to build a business while working under a non-compete?
- I’m curious as to how this group of Entrepreneurs carries themselves on a personal level?
- Just Laid Off And Want To Start My Own Business. Where Do I Begin?
- What do I need
- Starting a first-of-its-kind restaurant?
- Very Nervous for University, need advice
- Decreasing my course's selling price + process I followed
- How do you structure/project manage your plans to bring your business to life?
- Young tech entrepreneur advice
- Simplicity + Consistency = Achievement & Success
- VIRTUAL ASSISTANT AT $8 - $10 p/h with 20-30 HOUR WEEK AVAILABLE
- How to get over imposter syndrome- the fear of failure while creating something you hope won't fail?
- Targeting a different country
| Don't worry about Elon Musk's Routine Posted: 06 Sep 2020 12:26 AM PDT ...or what Jeff Bezos eats for breakfast, or what Bill Gates is reading. These are people so much further ahead than you in their entrepreneurial journey that their advice is not actually going to be that useful. Bootstrapping a SaaS business on your own or with a small team? The last time Bezos was in that position I was the proud owner of a Sega Megadrive! The point: His advice to you right now would be:
So what is my point? Seek advice from people who have done what you are trying to do fairly recently. Like 2-5 years ahead of you. I did this, partnering up with someone who already had an online course business, and it made all the difference. [link] [comments]  |
| Where do I start if I’m nontechnical? Posted: 06 Sep 2020 02:04 PM PDT Hello r/Entrepreneur! I am a recent graduate and have been trying to build the skills required to succeed as an entrepreneur since May. The problem I have run into is a lack of direction and also being non technical have had numerous issues in being able to create a product that could go to market. I am from a sales and marketing background. Any advice? Thanks so much! [link] [comments]  |
| Posted: 06 Sep 2020 07:15 AM PDT Original post here A few people messaged to hear my voice, so I made a short recording today. https://www.youtube.com/watch?v=qvl8PrBtx9k&feature=youtu.be As I said, it's quite a soft voice and I could make it even softer if I bothered. Now that you have some context, I'd love to hear your feedback on whether it's good enough for me to do anything with. Where can you imagine hearing it? [link] [comments]  |
| Posted: 06 Sep 2020 01:00 PM PDT I've searched around google and haven't found much information when it comes to majoring in accounting to start a business. I realize that it doesn't matter much what you major in, but I enjoy my accounting class in high school, and was wondering if that would be a good choice? I don't care too much about the technical parts of accounting but I am really interested in things like reducing taxes, tracking cash flow, learning about cash flow, budgeting, looking at assets and liabilities, determining if a business is profitable, Making a business more efficient. [link] [comments]  |
| We are looking to sponsor a B2B marketing newsletter. Any suggestions? Posted: 06 Sep 2020 12:59 PM PDT We are looking for a B2B marketing newsletter that has good readership levels that we can sponsor to reach their audience with a new product we are launching. Do you have any suggestions of good newsletters for this category? [link] [comments]  |
| Posted: 06 Sep 2020 12:36 PM PDT I'm a software developer with a background in the fine arts, so that also includes all aspects of a business that require art and design (logos, pamphlets, video editing, photography, etc.). This allows me to create a company's website, automation, and branding as a one-stop shop. I've had my first few major clients, and I'm ready to get serious - I got my business license at the beginning of this year, and 'm hoping to have my portfolio together by the end of this month and launch my company publicly. Being a software developer means regularly developing new skills, so I'm literally always studying for my 9-5 as well as my business, so I don't have time to really learn marketing. I have a few ideas for organic marketing, but the dream for me is to pay someone to go out and make my sales/get me sales, while I just do the development, design, and consulting parts. I've considered hiring on-commission sales reps for competitive amounts, but from what I've heard from salespeople, commission alone isn't enough of an incentive. I don't have the budget to hire someone for thousands a month or as a full-time employee... So here are my questions: 1.) What kind of help do I need to hire here? 2.) What is the benefit of a salesperson versus a marketing specialist? 3.) How do I go about finding/vetting a good one? I want to do so by the mid-point of October, ideally. 4.) I've heard of hiring a marketing specialist on retainer - how much does this usually cost, and when should I expect to see returns? 5.) Do marketers ever accept a percentage of conversions as payment rather than retainer? I'm still willing to pay a retainer if this isn't the case, but I'm just curious, as this would be the ideal situation for me. Thank you all for your assistance in advance. [link] [comments]  |
| I have an idea for an employee payment system for employers Posted: 06 Sep 2020 12:15 PM PDT So nowadays we have direct deposit which is good, but its lacking in areas where there is a demand for quick on-demand types of payments, which can be seen by apps such as brigit and albert, among others. The problem with these apps is most of them charge a fee and are essentially payday loans. My idea is for a similar process without the middleman, using debit card transactions to pay employees directly from the employer, and tap into the demand for on-demand type of payments directly from the employer, up to the total amount of hours worked as determined by a time in/time out clock. The rest of the money due to the employee would then be deposited on payday minus the amount previously withdrawn. The employee would have the option to withdraw one or two times a week. The employer would be able to choose if they wish to charge a fee for the instant withdrawals, implement daily pay, up-front payments for contract work, etc in a quick and easy fashion. Thoughts? What kind of legal/administrative issues would I run into with this type of system? The goal in mind is to increase employee satisfaction while also adding flexibility to the employer to employee payment process. Target market would be small to mid-size businesses. [link] [comments]  |
| Posted: 06 Sep 2020 12:11 PM PDT Basically the title. I'm reading a lot of bad experiences, but am wondering if there are any with good experiences? [link] [comments]  |
| Here’s my business idea – please rate it. Posted: 06 Sep 2020 07:37 AM PDT Hey guys, I got an idea for a business that I think can go viral and do really well but obviously there are some major obstacles that can potentially hinder the ability for it to succeed. I usually do not share my business ideas on reddit, especially when the idea is still in its infancy. But here it goes anyway. THE IDEA Thememegift.com (I own the domain). The meme gift is a millennial gag gift where you fill up a premade deck of 30 memes. Each card has an iconic meme and the customer would add a situation that they've been through with their SO that relates to that meme. Once all 30 memes are done, the customer receives a box with 30 "flash cards" with funny memes and THEIR personal stories that relate to each meme. WHY I LIKE THE IDEA: -It's a super fun gift to give and create: its fun, humorous, witty and also sentimental (the person put time to make this personal gift.)
-Who doesn't like memes? Who doesn't like gag gifts? -an idea like this has potential to go viral I believe. WHY I DISLIKE THE IDEA:
I'm currently still working on building the deck, and that in itself is sort of a challenge as I need to find memes that people can easily relate to. What do you guys think of this idea? Does it have potential? Is it something people would love? I personally see value in it but I don't know if I'm blinded by my own bias. Thanks [link] [comments]  |
| How to build a business while working under a non-compete? Posted: 06 Sep 2020 11:10 AM PDT I've been working on building the foundation of my business and struggling with bringing in clients/converting clients/growing my audience especially now with COVID. Needless to say, I realized I needed to get a job. I don't want to abandon my efforts but since I'll be signing a non-compete, I want to figure out what I should focus on while working to get my business to a point where it can bring in a sustainable income? I've been featured in various publications, on podcasts, done speaking events and workshops but my consulting/coaching is super niched and converting clients is a pain point. The few clients I've had were all organic. Even though I'll be signing a non-compete, the employer told me they are okay with me freelancing on the side and plenty of their employees do it. They asked me a few times if I'll continue with my business and what I'll do with my clients. I'm so burned out with my business, I said, I just want to focus on the role in which I'll be working. However, I told the employer I'm publishing an ebook related to what I do. It's already written and in progress. I need the income and want to be strategic with the time working 9-5 again without overstepping my non-compete. What should I focus on while working 9-5 so I can build my consulting business and get it to a place where it can support me? Should I focus more on writing and putting out content to build my audience/email list and gain their trust? [link] [comments]  |
| I’m curious as to how this group of Entrepreneurs carries themselves on a personal level? Posted: 06 Sep 2020 03:15 AM PDT I'd like to know how this melting pot of entrepreneurs carry themselves in their daily lives. How you dress, talk, what you do in your "free time" etc. i feel like the stereotype of a lanky nerdy entrepreneur always turns out to be the successful ones. I myself, have one hobby which is bodybuilding. People do consider me "jacked". I do write code and plan out strategies and concepts for my product, but when i look at myself, picturing running a multimillion SaaS company doesn't come to mind. The music i like is thugish, for lack of a better word. I like to think I'm unique in my own way, but it gives me doubts on how i should carry myself the stereotypical way instead. What are your thoughts? [link] [comments]  |
| Just Laid Off And Want To Start My Own Business. Where Do I Begin? Posted: 06 Sep 2020 10:16 AM PDT It's Labor Day Weekend and, ironically (maybe serendipitous), I was laid off last week. A bunch of us were let go due to "restructuring." So after almost 20 years working for others, I'm considering starting my own business! However, I have no idea where to start or how to begin. Are there any good sources or recommended reading for first time entrepreneurs? Maybe an older thread on this subreddit with general advice? Any help is appreciated! Thank you! [link] [comments]  |
| Posted: 06 Sep 2020 09:41 AM PDT Any body who has experience in email marketing can you tell me what I need to properly get started, I'm still kinda new to the Concept of Email Marketing I've only ever done it for Claviyo for shopify, but I want to learn how to do email marketing a proper way, are there any good free courses that you recommend, do I need to learn how to use FB ads for Email Marketing, do I need start up money, what software do I need, what skills should I have. [link] [comments]  |
| Starting a first-of-its-kind restaurant? Posted: 06 Sep 2020 02:25 AM PDT I live in relatively small town (50k people) and while there is tons of pizza places and kebab shops, there is not a single Mexican restaurant. What I want to do is start a small Mexican place that would only serve as a kitchen for delivery. I want to hire a chef, make a menu of approx 10 items and build an ordering website. I would deliver the food myself to cut the costs so there would be just two people working there (I and the chef). The thing is, I don't have any experience running a business like this. I would cover the whole marketing aspect but I would need to rely on the chef to do a good job on his side. I did some numbers and I would need to do at least 10 orders a day (about $15 each, mind you I'm not located in the US) in order to stay afloat and pay the chef. I would not be making any money at this point. I believe this is a very conservative number and I could easily do twice the orders once the business takes on. People in my circles have casually mentioned (without me asking) that they would enjoy a Mexican food so there is that but I'm also thinking about doing a simple micro site where people can put in their email address to be informed once the restaurant opens. What do you think about this? Any restaurant owners that started their journey this way? I would love to hear your experience. Thank you! [link] [comments]  |
| Very Nervous for University, need advice Posted: 06 Sep 2020 07:58 AM PDT I'm 18 and am going to university for Accounting in 2 days. It's all online but I'm very nervous. I'm afraid that Accounting will be too hard for me. I was good at Accounting and Math in high school but I'm just very nervous. My university also has 7 courses per semester compared to 5 courses for other universities. I really want to get this degree but I'm afraid that it will be too hard for me and I'll have to drop out. I don't want to disappoint my parents. I really want to succeed. I really want to succeed because I need this Degree for my entrepreneurial success. This Accounting degree is going to help me a lot when it comes to owning a business. I want to own a business after graduating and this Accounting degree will help me greatly. How hard is university compared to high school? Is an Accounting Degree harder then a science or nurse degree? Will an Accounting degree teach me business and cash flow. Will it help me start a business? Any tips or advice would be appreciated. [link] [comments]  |
| Decreasing my course's selling price + process I followed Posted: 06 Sep 2020 07:49 AM PDT I created an online course (with USP validation) that I had put up on sale for $49. I conducted a couple of free multiple-beta rounds and kept improving the course for 6 months. Kept working on people's feedback. A time came when the beta feedback was quite positive and they also validated the price tag of $49 to be reasonable for this course. Then I setup facebook ads and started getting clicks for my sales page (for which I paid $1000 to a pro-rated copywriter for setting it up). However, no one purchased the course. A couple of people reached the checkout page never completed the transaction. This has been heartbreaking. I've been solopreneuring since the last 18 months with 6-12 hours a day besides my day job in order to reach here. I've put in a lot of hard work, I've done my time in the trenches and given it everything I can but it's heartbreaking to see no one buying it at this price. I'm trying to setup an email funnel now but everyday I'm running into new complications with email server setup / content issues, setting up A/B testing etc. So I'm now considering whether I should start selling the course for $5 to start with. I'm bleeding on my funds and as I get real customers I can keep getting their feedback to keep improving the course. The small trickle of money can help paying for some of the costs. Meanwhile, I can keep tinkering with my email funnel + sales page as well based on these purchases. As I get more feedback, keep improving the quality of the course I'll raise the price slowly. My question is this:
[link] [comments]  |
| How do you structure/project manage your plans to bring your business to life? Posted: 06 Sep 2020 06:08 AM PDT I'm looking for a way of structuring my ideas/plans for my business in a way that I can visualise what I need to do and when so I can actually make progress. I'm finding I go from one area to another, ie designing, and then another day looking into logos, no real plan or structure so I feel like I'm not making real progress! Evernote looks good, the idea of to-do lists and possibly structuring so each area is a mini project with a timescale for completion. Any tips are welcome! [link] [comments]  |
| Young tech entrepreneur advice Posted: 06 Sep 2020 05:14 AM PDT Hi all, I was wondering if you could give me some help. I am currently 18 in the UK and I have a tech incubator interested in my startup business. Yet I am stuck as I need a way of bootstrapping my startup business enough to get the ball rolling, so I have been offered to work at a company that is directly related to the tech incubator where I was offered a 6 month contract for me to work for them as Well as the director giving me advice on how to get my business up and running as well as support. But on the other hand I have been offered a really good apprenticeship by a market leading engineering company on a good pay but this means I will be locked in their business for a couple of years, and therefore my family keep telling me to go for this one as "you can always start your business later" and this job is more secure as I can go to uni etc. I was wondering what would be your advice and which would you choose? I know this may seem a bit naive but it's driving me insane. Any reply is greatly appreciated, cheers! [link] [comments]  |
| Simplicity + Consistency = Achievement & Success Posted: 05 Sep 2020 10:56 PM PDT I've been experiencing really fast growth in my business the last couple months. I took some time to think about everything that had helped me GROW (especially since the pandemic) It boiled down to specifically 2 things:
So I wrote this post to motivate you and to encourage you to understand that GROWTH is neither difficult nor easy.. it's just the application of these basic principles. You see, in the game of business, very few get to experience success.Here are some wildly fascinating startup FAILURE rates in 2020
Every year thousands of blogs are written on why businesses fail, thousands of courses are released on how to succeed YET startup failure rates do not decrease! If you feel like you're in this category, if you feel like your business might shut down if you can't get any momentum… then you need to keep reading. If you've: -Been "working hard" but your business isn't moving forward -Been feeling like you're stuck in a rut -Been feeling lost and have NO CLUE what to do next.. ..You're DEFINITELY making these TWO mistakes:
You see, success lies in simplicity, consistency, tracking & optimizing.
Just because you read somewhere in some case study that "John" got a 100 leads from some super complex ClickFunnels & InfusionSoft Funnel, that DOESN'T MEAN you need the same setup!You need to analyze where you are in the process, and figure out what's working for you. Often times, the guys who have complex funnels working for them have already mastered the simple stuff and have worked their way up to other means of lead acquisition to expand their market outreach. Make sense? For example, I am getting entry-level coaches & consultants "high-ticket" Leads with a simple sales letter Funnel. No complex webinar or anything! And that worksIt's easy to stay consistent when your daily actions are made simple. It's easier to get results when your daily actions are made simple. And lastly, play the long game! Set realistic goals, conquer one goal at a time, climb the ladder gradually - by taking simple actions consistently.By doing this you'll experience your EVOLUTION as an entrepreneur, you'll mature with time. That will give you CONTROL over sales & acquisition. Before you know it you'll get to the level you used to only dream of! [link] [comments]  |
| VIRTUAL ASSISTANT AT $8 - $10 p/h with 20-30 HOUR WEEK AVAILABLE Posted: 06 Sep 2020 08:06 AM PDT [FOR HIRE] VIRTUAL ASSISTANT AT $8 - $10 p/h WITH 20-30 HOUR WEEK AVAILABLE Hi there! What is a Virtual Assistant? It's the greatest thing ever! With the world looking as it's looking, we all need a bit of help. This is where a Virtual Assistant (VA) comes in. We do just about everything from booking your appointments to cleaning out your inbox to managing your small, growing business' social media posts. We are known as resourceful (you have to be; when you've only got a laptop and an internet connection) What can I offer you? - Decluttering your inbox; - Managing your social media content, whether you're an influencer tackling the world wide web or a small business that's growing too fast to keep up with; - Appointment booking; - Calendar management; - Travel booking and itinerary planning; - Content writing for your blog; - Copywriting; - Review writing for products/businesses; - Casual proofreading; - Chasing down payment; - Data entry; - Research; - Other tasks as necessary. How do you pay a VA? I use Paypal as it is accessible in most countries and very easy to use. We agree on my hourly rate, which is $8 - $10 per hour (dependant on your needs), work out my tasks, I provide you with a weekly/monthly spreadsheet, and voila! You pay me and we continue on as such for the foreseeable future. What is my background? I work in the legal world but due to the current... situation, I only work part-time. I have experience in managing attorneys' and advocates' diaries, drafting their legal documents, attending to their clients as necessary (and often on my own due to their schedules), taking notes in court (a skill that was hard-earned due to the speed of certain proceedings), and managing my own department (which I revamped and made more profitable than it was). My specialty, if I can call it that, is collecting on bad debts. I might look like an overgrown toddler with my shortness and chubby cheeks, but I've got quite a knack for convincing people to pay their accounts. Where am I based? I am currently in Namibia. We are on Central African Time (CAT). I've got a stable internet connection and lots of time on my hands (see below for availability), and would love to help you! What is my availability? Monday-Friday: 20 hours; Saturday: 4 hours; Sunday: 2 hours. Please direct message if interested! [link] [comments]  |
| How to get over imposter syndrome- the fear of failure while creating something you hope won't fail? Posted: 05 Sep 2020 02:55 PM PDT I have finally started production on a video course I have been thinking about making for about 5 years now, and so far the PowerPoint creation process is going pretty smoothly. I believe in my product, but it is definitely inspired by other products. I am putting my own spin on a niche that has been done before. It's like a film reboot. This is my Rise of the Planet of the Apes to Planet of the Apes, basically. Meaning it can be a worthwhile endeavor. My constant thought process that holds me back, however, and ends up with me procrastinating, and winding up on a Youtube video binge on things that have nothing to do with my business (video games, movies, politics, etc...) is my fear of failure. The fear of putting all this effort into something that won't make me a penny. How do you get over a fear like this? Do you basically have to have that "get rich or die tryin" mindset? It is something that has held me back for years. Imposter syndrome. [link] [comments]  |
| Posted: 05 Sep 2020 09:08 PM PDT Hello, I am based in India and looking to start up a fashion/clothing business which will be manufactured in India but I want to e-retail it in Europe and the USA and hence want to target an audience in these countries for all my ad/digital marketing efforts. How can I ensure that I reach the right audience without having a presence in these other countries or any local knowledge? Any tips/strategies besides for entering in the geographic location in the target audience demographic section? Thank you! [link] [comments]  |
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